IDFC FIRST Bank Head of Product Salaries by 4 Employees

14 - 15 years exp.

₹50 Lakhs - ₹55 Lakhs

Low Confidence

Salary of majority employees

81% more than the average Head of Product Salary in Banking Companies for 14 - 15 years of experience

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Salaries in different departments

Sales & Business Development Head of Product Salary 14 years exp. (AmbitionBox Estimate)	₹47.5 L/yr - ₹52.5 L/yr
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Strategic & Top Management Head of Product Salary 15 years exp. (AmbitionBox Estimate)	₹47.5 L/yr - ₹52.5 L/yr

Last Updated: 18 Nov 2024

Companies similar to IDFC FIRST Bank for Head of Product

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Head of Product Salary 15 - 27 years exp. (23 salaries)	₹22 L/yr - ₹70 L/yr 24% less
HDFC Bank Head of Product Salary 11 - 18 years exp. (10 salaries)	₹22 L/yr - ₹80 L/yr 8% less
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RBL Bank Head of Product Salary 7 - 21 years exp. (8 salaries)	₹21.5 L/yr - ₹54 L/yr 28% less
Axis Bank Head of Product Salary 15 - 21 years exp. (7 salaries)	₹21 L/yr - ₹40 L/yr 45% less
IndusInd Bank Head of Product Salary 12 - 23 years exp. (5 salaries)	₹61 L/yr - ₹75 L/yr 29% more
Yes Bank Head of Product Salary 15 - 21 years exp. (5 salaries)	₹32.5 L/yr - ₹70 L/yr 19% less
Federal Bank Head of Product Salary 1 - 16 years exp. (4 salaries)	₹9 L/yr - ₹21.5 L/yr 74% less
Ujjivan Small Finance Bank Head of Product Salary 5 - 12 years exp. (4 salaries)	₹17.6 L/yr - ₹38 L/yr 53% less
Kotak Mahindra Bank Head of Product Salary 11 - 13 years exp. (4 salaries)	₹19 L/yr - ₹65 L/yr 20% less
Bandhan Bank Head of Product Salary 6 - 14 years exp. (3 salaries)	₹19 L/yr - ₹35 L/yr 48% less

Head of Product salary at IDFC FIRST Bank ranges between ₹50 Lakhs to ₹55 Lakhs per year for employees with experience between 14 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Head of Product salaries

Last Updated: 18 Nov 2024

Experience	Avg Annual Salary
14 years (3 salaries)	₹50 L/yr - ₹55 L/yr
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15+ years (AmbitionBox Estimate)	₹50 L/yr - ₹92.7 L/yr

Similar Designation salaries in IDFC FIRST Bank

Senior Production Engineer Salary

(23 salaries)

₹8 L/yr - ₹16.1 L/yr

Production Engineer Salary

(20 salaries)

₹6 L/yr - ₹14.2 L/yr

Production Manager Salary

(12 salaries)

₹12 L/yr - ₹23 L/yr

QA Engineer Salary

(6 salaries)

₹9.2 L/yr - ₹10.2 L/yr

Production Support Manager Salary

(5 salaries)

₹7 L/yr - ₹18 L/yr

Senior Production Manager Salary

(5 salaries)

₹23.5 L/yr - ₹25.5 L/yr

Executive Production Salary

(4 salaries)

₹3 L/yr - ₹4.7 L/yr

Team Leader Quality Salary

(4 salaries)

₹5.2 L/yr - ₹6.2 L/yr

Operator Salary

(4 salaries)

₹1.2 L/yr - ₹6.52 L/yr

Service Supervisor Salary

(4 salaries)

₹2 L/yr - ₹2.4 L/yr

Salary related reviews for IDFC FIRST Bank

4.6

Rated by 2 employees for salary & benefits

Production Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Nov 2024

3.0

for Salary and Benefits

Likes

Salary structure is good depend on the role.

Dislikes

There is no fixed working hours. Partiality between employees by manager. Recession without any reason. No one listen employee concern. Overall Working culture is terrible.

Skill development - Bad

+5 more

Junior Operator in Pune Mumbai

finance Department

1.0

• posted on 14 May 2021

1.0

for Salary and Benefits

Likes

...r self , if there will be lockdown company says u good bye and a seasons starts they welcome u at 8000 salary and kick off like anything...

Dislikes

No hygiene , covid patient gets free environment for spreading covid free no time limit but half salary payment ...sometimes no payment from company but labour struggles to work without payment ..I request pls do not join this company I destroyed my time and future pls you don't......

Salary - Bad

+6 more

SAT Executive in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Mar 2025

1.0

for Salary and Benefits

Likes

It was a bad decision to work with such bank

Dislikes

... a month of serving my notice period my health was not that good to resume work. Even after submitting medical documents my employer terminated my service and stating that I need to pay the rest of money for the remaining days of my notice period and does not settled my FNF stating it's in negative

Salary - Bad

+6 more

Operations Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

Salary - Poor

+5 more

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC FIRST Bank Head of Product Salary FAQs

What is the salary of Head of Product at IDFC FIRST Bank ?

The average salary of a Head of Product at IDFC FIRST Bank in India typically ranges from ₹50.0 Lakhs to ₹55.0 Lakhs per year, depending on experience (from 14 years to 15 years).

The top 10% of Head of Product at IDFC FIRST Bank earn more than ₹55.0 Lakhs per year, and the top 1% earn over ₹55.0 Lakhs per year. Head of Product Salaries at IDFC FIRST Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Head of Product at IDFC FIRST Bank in India?

The estimated take-home salary of a Head of Product at IDFC FIRST Bank in India typically ranges from ₹3,04,944 to ₹3,16,713 per month. This is based on the average salary range of ₹50.0 Lakhs to ₹55.0 Lakhs per year for employees with experience ranging from 14 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDFC FIRST Bank for Head of Product in India?

IndusInd Bank

₹61.0 Lakhs to ₹75.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC FIRST Bank, depending on the role and experience level.

What is the salary of a Head of Product in companies similar to IDFC FIRST Bank in India?

The salary of a Head of Product at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹22.0 Lakhs to ₹80.0 Lakhs per year
Yes Bank	₹32.5 Lakhs to ₹70.0 Lakhs per year
Kotak Mahindra Bank	₹19.0 Lakhs to ₹65.0 Lakhs per year
ICICI Bank	₹22.0 Lakhs to ₹70.0 Lakhs per year
RBL Bank	₹21.5 Lakhs to ₹54.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Head of Product at IDFC FIRST Bank in India?

The salary growth for a Head of Product at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Head of Product can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
14 years	₹50.0 Lakhs to ₹55.0 Lakhs per year
15 years	₹50.0 Lakhs to ₹92.7 Lakhs per year

and so on.

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IDFC FIRST Bank Head of Product Salaries

IDFC FIRST Bank Head of Product salary in India ranges between ₹50 Lakhs to ₹55 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.